Depending on methods of crediting distinguish the following types of loan: a) overdraft, short-term credit, long-term credit,
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Question:
Depending on methods of crediting distinguish the following types of loan:
a) overdraft, short-term credit, long-term credit, credit line;
b) mortgage loan, syndicated loan, venture credit;
c) credit line, overdraft, credit with the established schedule of repayment;
d) long-term credit, credit with the established schedule of repayment, interbank credit.
Expert Answer:
a Overdraft is a loan given by the bank which enables the client to pay for expenses and other bills ... View the full answer
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